Vacation home

Use a self-directed IRA to buy a vacation rental long before retirement

Use a self-directed IRA to buy a vacation rental long before retirement You might not be able to retire for another few years. For sure you have the picture of your dream retirement home tucked away in a corner of your mind. Maybe it looks pretty much like the home in this photo? Did you know you use a self-directed IRA to buy a vacation rental? 

Retirement is years away, maybe even decades. You might not realize you can buy your retirement home in Costa Rica when you’re 25 years from retiring. As long as you have enough money saved up, you can buy a vacation rental with a self-directed IRA, long before retirement. 

Now you can get your foot in the door ahead, without even using your savings. There is a tremendous shortage of vacation rentals in certain markets of the Central Valley in Costa Rica. By making a smart investment you can put your self-directed IRA saving to work with ease.  

If you have a self-directed IRA, you can use that to purchase a vacation rental in Costa Rica.  Let me explain.

Which powers of attorney does your property manager in Costa Rica need?

Which powers of attorney does your property manager in Costa Rica need?Everybody involved in the real estate closing is exhilarated, the buyer most of all. Of course she is, Susan just closed on the purchase of a beautiful vacation home in Costa Rica. 

For years, Susan has been day dreaming, looking online at vacation homes near all the beaches in Costa Rica. She has been looking at pictures of homes and condos all over the North, South and Central Pacific and at the Caribbean side of Costa Rica too, reading descriptions and asking the listing agents questions by email and phone.

Susan did her due diligence and decided it was a better idea to make an investment in a vacation rental in Atenas; she wanted to make sure she would buy her vacation home in the right location at the right price. 

Susan found out it made much more sense to rent her home to snow birds and retirees who take much better care of your property than surfers who live on peanut butter sandwiches do.